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Synopsis
Yunfeng Capital, a Shanghai-based private equity firm, and Advantech Capital, a private equity fund, led a $300m in XiaoZhu, a consumer-to-consumer short-term home and apartment rental platform, with participation from GIC, Morningside Ventures and Capital Today. “Through building a smarter service chain, Xiaozhu hopes to provide shared home users with a safer, more reliable and convenient living environment globally,” Chen Ch, Xiaozhu co-founder and CEO.
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